Dept/ Agency: Administration/ Office of Management and & Budget Action: ( ) Ratifying ( X ) Authorizing ( ) Amending Type of Service: Temporary Emergency Appropriation Purpose: Provide funds to promote economic growth (City-wide). Funding Source: New Jersey Urban Enterprise Zone Authority Appropriation Amount: $4,244,358.00 Budget Year: 2012 Contract Period: Upon Completion Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS ( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ ( ) Private Sale ( X ) Grant ( ) Sub-recipient ( ) n/a Additional Information: Operating Agency: Administration Two-Thirds vote of full membership required Invitation: Budget Director, April 3, 2012